A measure of U.S. manufacturing activity weakened in June to a two-year low as new orders contracted, restrained by lingering supply constraints and some softening in demand.
July 1, 2022Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Agency Clears Way for Oakland Athletics Ballpark Plan at Port
SAN FRANCISCO — A California agency on June 30 cleared the way for the Oakland Athletics to continue planning a $12 billion waterfront ballpark project.
July 1, 2022Record Drivers for July 4th Weekend to Boost Gasoline Demand
Gasoline demand in the U.S. is set to get a bump this July 4th weekend as a record number of drivers are expected to hit the road with some relief at the pump.
June 30, 2022Hydrogen’s Uniqueness Calls for Extra Safety Measures
Safety measures are being developed to deal with the special properties of hydrogen as the pace quickens to bring heavy-duty fuel-cell trucks to market.
June 30, 2022Supreme Court Declines to Hear California AB 5 Contractor Law Appeal
The U.S. Supreme Court announced on June 30 it has declined to hear an appeal of a California state law aimed at reclassifying owner-operators as motor carrier employees.
June 30, 2022Refueling Milestone to Bring Fuel-Cell Hydrogen Trucks Closer to Reality
Federal researchers hope in July to reach a key milestone to refuel heavy-duty fuel-cell hydrogen trucks in 10 minutes, paving the way to prototype hardware and protocols for fueling stations.
June 30, 2022US Will Face High Gas Prices ‘as Long as It Takes,’ Biden Says
President Joe Biden said Americans will have to stomach high gas prices “as long as it takes” to beat back Russian President Vladimir Putin’s invasion of Ukraine.
June 30, 2022Port Automation Hurts Economy, Says Study Funded by Longshore Union
Automation at the Long Beach Container Terminal and the Port of Los Angeles’ TraPac terminal has eliminated 535,848 hours and $41.8 million in wages annually for dockworkers, even as production at ports that are automated is typically lower than at those that aren’t, according to a new study.
June 30, 2022Key Inflation Gauge Remains a High 6.3%
WASHINGTON — A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.
June 30, 2022OPEC+ Oil Boost Unlikely to Ease Fuel Prices
NEW YORK — The OPEC oil cartel and allied producing nations decided June 30 to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy.
June 30, 2022